2 Academy Place, Orleans, MA 02653

2 Academy Place Orleans MA 02653
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Owner Information
Owner 1
WPB Partners LLC
Owner 2
Owner's Address
6800 Paragon Pl Suite 202 Richmond, VA 23230
Market Sale Information
Most recent sale date
1/19/2018
Previous sale date
9/21/2005
Transfer document #
(215227)-
Previous transfer document
(177993)
Grantor
Erica A Goldberg
Previous grantor
Walter F Schultz
Most recent sale price
$450,000.00
Previous sale price
$1,200,000.00
Site Information
Property ID
34-20-3
Lot Size
0.85
Use Code
31 - Multiple-Use, primarily Commercial
Zoning
LB
Building Style
Restaurant
Number of Rooms
0
Stories
2
Number of Beds
1
Year Built
1850
Number of full baths
1
Condition
Number of half baths
0
Finished Area
4413
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Softwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Hot Water
Roof Cover
Asph/Comp Shin
Heating fuel
Oil
Frame type
Wood Frame
Air Condition (%)
0
Sidings
Wood Shingles
Assessment Information
Fiscal Year
2025
Land Value
$667,100.00
Total value
$1,467,300.00
Building value
$800,000.00
Estimated tax
$9,155.00
Yard improvement value
$200.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
19992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
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2 Academy Place$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000Subject PropertyTotal Assessment ($)Total Assessment
Address 2 Academy Place
Photo
Plan
Map
Proximity
Last Sold
Price
Net Living Area
Stories
Sale Price/sft $101.97
Style Restaurant
Age 1850
Rooms 0
Bedrooms 1
Full baths 1
Half baths 0
Gross Living Area
Heating Fuel Oil
Detached Garage
Lot Size 0.85
Roof Cover Asph/Comp Shin
AEM Value - Building $800,000.00
AEM Value - Land $667,100.00
AEM Value - Other $200.00
AEM Value - Total $1,467,300.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Academy Place 1/19/2018 $450,000 0 Restaurant 4,413 0.85 1 1-0 -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

In estimating the current market value, RealtyInSite follows the sales comparison (market) approach which is an approach based on the principles of supply and demand (principle of change) and the principle of substitution. The principle of substitution assumes that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute property.

 

Comparable sales data are applied to arrive at an estimate of value. By default, comparable properties are those properties located within 1 mile of the subject property that have sold within the last 6 months and have a similar size of living area. The table shown above lists the comparable properties that were considered. Note that which properties are considered comparables can be adjusted by varying the selection criteria or deleting non-representative properties.

Neighboring Properties
Mailing Labels
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Subject Property49 South Orleans Road Unit C49 South Orleans Road49 South Orleans Road Unit B43 South Orleans Road49 South Orleans Road Unit E33 Cove Road-Lot 1141 South Orleans Road6 Academy Place8 Academy Place63 South Orleans Road31-A Cove Road39 Cove Road29 Cove Road4 Academy Place73 Main Street31 Cove Road49 South Orleans Road Unit D82 Main Street76 Main Street2 Academy Place45 South Orleans Road10 Academy Place67 Main Street33 Cove Road81 Main Street39 South Orleans Road80 Main Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Academy Place 1/19/2018 $450,000 0 Restaurant 4,413 0.85 1 1-0 -
  Criteria
A 8 Academy Place 2/4/2008 $690,000 0.0 Off Bldg 2,232 0.61 0 0-0
B 4 Academy Place 11/26/2024 $1,100,000 0.0 Ranch 1,344 0.38 3 2-1
C 6 Academy Place 1/20/2021 $1 0.0 Ranch 1,237 0.24 4 3-0
D 49 South Orleans Road 5/10/2013 $229,000 0.0 Duplex/Row 637 0 1 1-0
E 49 South Orleans Road Unit B 2/5/2018 $266,200 0.0 Duplex/Row 699 0 1 1-0
F 49 South Orleans Road Unit C 8/31/2017 $125,000 0.0 Office 1,412 0 -
G 49 South Orleans Road Unit D 7/8/2015 $0 0.0 Duplex/Row 1,681 0 2 2-0
H 49 South Orleans Road Unit E 10/24/2023 $1 0.0 Duplex/Row 878 0 1 1-0
I 5 Academy Place $0 0.0 0.29 -
J 45 South Orleans Road 12/4/2020 $830,000 0.0 Colonial 6,508 0.95 6 3-3
K 10 Academy Place 8/28/2018 $0 0.1 Ranch 1,711 0.74 4 2-1
L 70 Main Street 5/6/2008 $1,331,379 0.1 Br Bank 4,197 0.61 0 0-0
M 31 Cove Road 10/26/2017 $10 0.1 Colonial 2,064 0.19 3 2-1
N 17 Cummings Road 3/29/2016 $1 0.1 Cottage 640 0.21 2 1-0
O 48 South Orleans Road 3/4/2011 $1 0.1 Restaurant 1,558 0 -
P 50 South Orleans Road 3/4/2011 $1 0.1 Service Station 1,816 0 -
Q 31-A Cove Road 6/6/2013 $1 0.1 Ranch 1,278 0.56 3 1-1
R 76 Main Street 12/16/1987 $390,000 0.1 1.02 -
S 70 Main Street-Lot 93 5/6/2008 $1,331,379 0.1 0.28 -
T 43 South Orleans Road 12/9/1988 $260,000 0.1 Off Bldg 1,892 0.21 0 0-0
U 73 Main Street 11/9/1989 $0 0.1 Churches 10,840 0.5 0 5-0
V 46 South Orleans Road 1/17/2023 $1 0.1 Colonial 2,080 0.41 2 1-1
W 33 Cove Road 2/6/2023 $1 0.1 Ranch 2,654 0.49 3 3-2
X 29 Cove Road 4/3/2023 $742,000 0.1 Ranch 1,491 0.29 3 1-1
Y 81 Main Street 3/27/2024 $0 0.1 Old Style 4,495 0.75 3 2-1
Z 41 South Orleans Road 1/5/1972 $0 0.1 Government Bldg 1,588 0.52 0 1-0
- 44 South Orleans Road 9/17/2007 $1 0.1 Off Bldg 3,364 0.2 0 0-0
- 39 Cove Road 11/15/1989 $0 0.1 Country Club 4,003 1.72 0 0-0
- 60 Main Street 8/9/1941 $0 0.1 0.93 -
- 80 Main Street 3/7/1997 $280,000 0.1 Old Style 2,762 1.34 4 2-0
- 64 Main Street 7/3/2013 $1 0.1 Store 1,200 0.09 0 0-3
- 33 Cove Road-Lot 11 $0 0.1 0.7 -
- 56 Main Street 12/31/1997 $1,650,000 0.1 Commercial 20,063 2.68 0 0-0
- 19-A Cove Road Unit 1 11/22/2022 $800,000 0.1 Office 554 0.22 -
- 19-A Cove Road Unit 2 11/22/2022 $800,000 0.1 Office 576 0 -
- 19 Cove Road Unit A 11/22/2022 $800,000 0.1 Townhouse 1,085 0 1 1-0
- 19 Cove Road Unit 4 11/22/2022 $800,000 0.1 Townhouse 990 0 1 1-0
- 19-A Cove Road Unit 5 9/17/2007 $0 0.1 Stg 529 0 -
- 42 South Orleans Road 12/13/2023 $1 0.1 Old Style 1,555 0.34 3 1-1
- 39 South Orleans Road 9/25/2012 $960,000 0.1 Old Style 3,389 1.3 4 5-1
- 67 Main Street 8/9/1941 $0 0.1 Library 23,215 1.98 0 5-0
- 63 South Orleans Road 10/15/1999 $339,500 0.1 Cape 2,932 0.73 4 2-0
- 19 Cove Road 8/30/2017 $1 0.1 Garden Apt 414 0.39 1 1-0
- 19 Cove Road Unit 2 8/30/2017 $1 0.1 Garden Apt 528 0 0 0-0
- 19 Cove Road Unit 3 8/30/2017 $1 0.1 Office 1,064 0 -
- 82 Main Street 11/22/2024 $1,395,000 0.1 Antique 2,891 0.29 5 2-1
- 12 Cummings Road 12/13/2007 $545,000 0.1 Apartments 2,500 0.22 4 0-0
Averages 5973 days $333,287 0.08 --- 2,735 0.48 --- ---  
DISCLAIMER: The information in this report was collected from the concerned Assessors Office and Registry of Deeds.  Compu-Links disclaims any and all representations or warranties as to the accuracy of this information
34 020 3 2 Academy Place